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3 December 2019 | 4 replies
But you've indefinitely deferred a large tax bill.
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4 December 2019 | 0 replies
Taxes - keep at least 7-10 years hard copy (or indefinitely if electronic)Insurance policies - keep current and 1-2 year's past policiesBank statements?
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12 January 2020 | 3 replies
If you use the personal car, make sure to keep detail record so that CPA can prorate the expenses between personal and business.This can include- oil changes, Maintenance, gas, repairs, parking, tolls, and depreciation.
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9 December 2019 | 4 replies
What would be the best practise in such a scenario to make sure this won't be an issue once we move in. Definition
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12 December 2019 | 9 replies
Thirdly, it's purely speculation, but if you are willing to invest and hold it indefinitely, maybe one of these days it will be worth more.
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26 October 2017 | 6 replies
If you use the personal car, make sure to keep detail record so that CPA can prorate the expenses between personal and business.This can include- oil changes, Maintenance, gas, repairs, parking, tolls, and depreciation.
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3 January 2018 | 7 replies
As long as you continue to hold or as long as you 1031 whenever you sell you an defer those taxes indefinitely.
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31 October 2017 | 14 replies
@John Warren @Natalie Schanne @John ThedfordAlso, for MLS access, I know a few realtors - couldn't they syndicate the listings my way for an indefinite period?
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3 November 2017 | 15 replies
In my opinion (and you know what they say about opinions) a great first home purchase is one that gives the purchaser three excellent options after the first year or two:1) The option to continue living there happily, indefinitely, at low relative cost.2) The option to retain the property as a cash flowing rental. 3) The option to sell the property for a hefty (after-tax) capital gain.Of course, option three is at least somewhat dependent on the market, but still, we can make decisions to increase our odds of achieving that outcome.
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20 November 2017 | 8 replies
The expectation is that appreciation will continue indefinitely.